New York (HedgeCo.Net) – The global hedge fund association (AIMA) is building a network in the Middle East in the hopes of giving the local industry a voice in engaging with investors, policymakers and regulators.
The initiative will be spearheaded by former AIMA Chairman and current AIMA EMEA Regional Advisory Council member Sohail Jaffer of FWU Group, who is based in Dubai.
“There is already a significant hedge fund industry community in the Middle East, both in terms of managers and service providers,” said Sohail Jaffer, AIMA’s Middle East representative. “The region’s authorities are also taking a keen interest in hedge funds and are encouraging the growth of the local asset management industry. And of course many investors in the region either have extensive experience of investing in alternative investments or are looking at increasing their allocations in that area. We look forward to working with investors, policymakers and regulators across the region.”
Alex Akesson
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